240 Lenox Avenue, New York, NY 10027

Building Details

Architectural style

Other

Listing agent Chris Halliburton

Listing office Compass 3rd floor 90 Fifth Avenue, 3rd Floor, New York, NY Show Phone

Listing date Aug 13, 2025

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MLS# 11568005

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Built in 1899, this historic brick and masonry multifamily property is a four-story building on a 23-foot wide corner lot. The building provides five free-market residential units with 3-bedroom, 2-bathroom layouts. Each unit is equipped with central air and includes in-unit laundry. Electric is separately metered across the units.

The property is located in Central Harlem near retail and convenient train options. It is also positioned close to Morningside and Marcus Garvey Parks.

This asset is well suited for investors seeking a small, all-residential rental building with separate electric metering and modern in-unit amenities such as central air and laundry. The offering is also available as part of a bundle of two other Harlem residential buildings with free-market units, all supported by one blanket mortgage that can be assumed with the right buyer; request the offering memorandum for further details.

Suggested Use

Law Firm Real Estate Agency Acupuncture Accounting Firm Skin Care Clinic Building Supply Nursing Home Nursing Home Auto Parts Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New York

County

New York

State

New York

Longitude

-73.94643

Latitude

40.805774

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FAQs

What type of property is this?

Apartment building - Historic brick multifamily with five free-market 3-bed, 2-bath units, central air, and in-unit laundry.

Where is this apartment building located?

The property is located at 240 Lenox Avenue New York, NY.

What is the asking price?

The asking price for this property is $7,500,000.

What are key features of this property?

This property features: Historic 4‑story, 23‑foot wide corner lot building (built 1899) with brick/masonry construction in Central Harlem; Multi‑unit setup: 5 free‑market units with 3‑bed/2‑bath layouts across the building; Lot size 23 ft x 100 ft and building size 23 ft x 60 ft totaling 6,500 SF